Fed’s Neel Kashkari out with an essay of all things

  • Prefers the Fed to not raise rates until Core PCE is at 2%
  • Jobs growth, wage growth and inflation would have been weaker if the Fed hadn’t raised rates
  • Labour market slack and falling inflation expectations are causing persistently low inflation
  • Fed should proceed with caution

He’s a voter so his comments have helped bring the buck back down from the ISMK inspired highs. 112.60 trades. EURUSD held support at 1.1730 once again.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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